Mei Ri Jing Ji Xin Wen·2025-11-20 12:19Core Insights - Major companies in the AI sector are releasing positive signals, with Nvidia reporting a third-quarter revenue of $57 billion, a 62% year-over-year increase, exceeding market expectations [1] - Nvidia's data center revenue reached a historic high of $51.2 billion, serving as a core growth engine for the company [1] - Google launched its new large model, Gemini 3, which was integrated into its search system on the same day of release, showcasing rapid technological deployment [1] - Alibaba's "Qianwen" app has entered public testing, directly competing with ChatGPT and planning to integrate into its core ecosystem, including Taobao, Gaode, and Alipay [1] Market Analysis - Analysts suggest that Nvidia's better-than-expected performance alleviates market concerns regarding the "AI bubble" theory, indicating a robust demand for AI applications and infrastructure [1] - The iteration of large model capabilities and the flourishing AI application ecosystem are expected to drive demand from training to inference, creating ongoing development opportunities for the industry [1] Investment Opportunities - The China Securities Artificial Intelligence Theme Index consists of 50 stocks that provide foundational resources, technology, and application support for AI, covering the entire AI industry chain [1] - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index selects 30 larger market-cap stocks involved in AI, emphasizing "hard technology" attributes, particularly in foundational chips and AI application segments [1] - Artificial Intelligence ETFs (159819) and Sci-Tech Artificial Intelligence ETFs (588730) track these indices, offering investors convenient tools to invest in both domestic and international AI infrastructure and cutting-edge technology applications [1]